Just came across this Direxion penny stock ETF (LOPX) and honestly, it's kind of interesting if you're into that smaller stock game. So it tracks companies trading between $2-$5, which is pretty niche. The index has like 50 stocks, mostly energy and healthcare plays from what I can see. Top holdings include AMC, Tellurian, and some others I've never heard of. The median market cap is around $1.3B, so we're talking real small-cap territory here. What caught my attention is that penny stock investors basically get ignored by Wall Street research, so there's this whole category of companies flying under the radar. Could be opportunity, could be risk - probably both. The fund does rebalance quarterly and kicks out anything that drops below $1.25 or shoots above $10. Not gonna lie, penny stock exposure through an ETF structure seems less chaotic than picking individual names, but these are still highly speculative plays. Anyone here actually holding this or similar penny stock funds? Curious how it's performed since launch.